[1] A museum in Kathmandu, in a neoclassical building from the 1930s,[2] presents collections of both traditional and contemporary paintings and other works.

The academy is located at Sita Bhawan, a palace built by Bhim Shamsher JBR in 1928 for his wife, Deela Kumari Devi.

The major function of the Academic Assembly is to make policies and programmes for the development of Nepali art.

The major function of the Academic Council is to execute those policies and programmes in association with Nepali artists.

Similarly, the Special and Province-level Awards carries a cash prize of रु25,000 for each category or province.